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Offline Flyin6

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Gold...an excerpt from an article
« on: January 24, 2015, 01:04:54 PM »
Now is definitely a good time to acquire some gold and silver. Prices are very low and the upside is huge. If it all implodes your cache will be your lifeblood along with the other hard items you have stored away...give this serious consideration...:


One of the smartest economists in the world just made a staggering prediction.

 

But you need to decide for yourself whether you believe him... or the bankers at Goldman Sachs.

 

Marc Faber is a PhD economist who's run several investment firms. He's a director at precious metals giants like Sprott Inc. and Ivanhoe Mining. And he writes a brilliant newsletter, the "Gloom, Boom & Doom Report."

 

Last week, Faber told the Societe Generale global strategy conference:

 


"I'm positive gold will go up substantially [in 2015] ? say 30%. ? We simply have highly inflated asset markets. ... The only sector that I think is very inexpensive is precious metals, and in particularly precious-metals stocks."

 

Faber's hosts at the conference must have been sniffling at his remarks.

 

Societe Generale says it's bearish on gold. So have Barclays and Goldman Sachs.

 

But for contrarian investors like us, it's hard to decide what to love more ? the metals genius who sees a huge opportunity?

 

?or the mega-banks ? marching in lockstep, as usual ? telling millions of investors to give up.
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